Managing Associate, Kshitij Asthana and Associate, Ashwin Singh have recently authored an insightful article on ‘Order in the Markets: SEBI’s Regulatory Reset of Early 2026’.
Between January and April 2026, Securities and Exchange Board of India (SEBI) rolled out a concentrated wave of regulatory reforms that collectively signal a meaningful reset in India’s capital markets framework. Spanning merchant banker classifications, broker compliance, dematerialisation processes, and disclosure norms, these changes reflect both a response to evolving market conditions and a broader push toward efficiency, transparency, and proportional regulation. This article examines the key circulars and amendments introduced during this period, particularly under the SEBI LODR and ICDR regimes, and considers what they reveal about the regulator’s shifting priorities and approach.
whilst wrongfully claiming to be part of our Firm and making false claims and allegations. These individuals are also impersonating the Firm by creating fake email addresses and Facebook page while using the LUTHRA marks.